Indicating the best ERP software is no longer a menacing procedure for businesses. This is because with evolving technologies, now there are ERP systems that specifically align with exact industries. This saves both money and time. When businesses use ERP software that matches with their respective industries, only then it is possible to manage business…
The world currently is in the middle of a health crisis that is taking a toll on peoples’ lives like never before. The COVID-19 pandemic is also heralding the way the business world will function in the upcoming times. Be it converting automotive plants for yielding more respirators to boosting the manufacturing of hand sanitisers,…
The moment a business slips behind its competition due to dated practices, it can only revert to one solution, i.e. ERP implementation. Not only this will help in breaking old habits but will also help it recognize opportunities that it never knew even existed. But both employees & users will take some time to adapt…
Studies show that manufacturers usually have an ERP in place for their day to day business operations. However, they do not make optimum utilization of their ERP. They may use not for billing, tracking equipment and managing inventory. However, an ERP can do a lot more than just that. While most ERP installations take place…
Artificial intelligence is the technology that enables a computer program or machine to mimic human intelligence. In fact, it is a collection of technologies ranging from robotics and machine learning to natural language processing and even emotion recognition. It is expected that close to 80% of emerging technologies will use AI in some form by 2021….
Service tax is currently applicable under the current indirect tax regime upon the provision of taxable services. The point of taxation helps in ascertaining when the service tax is actually payable to the central government by the recipient or the supplier. As per the point of taxation mechanism, on forwarding charge, the impacts of liability…
Business and Profitability While many big corporations have already implemented ERP solutions, small and mid-size organizations are still mulling over the implementation of a full-fledged ERP system. The major deterrent is the risk of business and profitability failure due to poor processes and the inability of the management and employees to adopt the new system….